They would have local people, sort of higher class and local elites bid for the right to collect local taxes, and so the Romans would take the highest bid.
An auction is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder.
Dismantle my estate and sell it to the highest bidder?
The process of selling property to the highest bidder.
The highest bid is just one of 11 variables that will determine the winner.
This is very similar to the proxy bidding system used by eBay, where the winner pays the second highest bid plus a bidding increment (e.g., 10%).
A: Who is the highest bidder?
This is the highest bid in the 11th annual auction.
If there is a takeover battle, the aspiring purchasers must bid against each other, and the highest bidder pays his bid to the bank.
They sold photos to the highest bidder.
Sometimes the auctioneer sets a minimum amount by which the next bid must exceed the current highest bid.
This is identical to the sealed first-price auction except that the winning bidder pays the second highest bid rather than their own.
The highest bidder pays the price they submitted.
the highest bidder
Without the incentive, the highest bid would have been about $12m higher, an analysis showed—participants bid low because the loser would strike it rich.
The boss pondered for a long time and decided to wait for the highest bid.
So they would have local, sort of higher class, local elites, would bid for the right to collect local taxes, and so the Romans would take the highest bid.
These creditors would sell the assets to the highest bidder.
The highest bidder will get the 20-dollar bill.
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